Become a Participating Credit Union

To join the Veterans Benefits Banking Program (VBBP) as a participating credit union, the financial institution must provide the following products and services to eligible veterans.

1. Offer a free checking account, with no minimum balance, to a veteran who brings a monthly monetary benefit deposit to the institution.
2. Offer assistance to a veteran who does not currently qualify to open an account. At the financial institution’s discretion, this assistance can be provided through financial products, education, and counseling.

To join the VBBP, contact DCUC's Vice President, Beth Merlo, at bmerlo@dcuc.org or call 202.734.5007.

Join the VBBP

The Veterans Banking Benefit Program (VBBP) provides all Veterans a safe, reliable, and inexpensive way to receive and manage VA monetary benefits by depositing funds directly into their new or existing bank accounts offered by participating credit unions.
VBBP Key Objectives

• VBBP seeks to simplify banking choices by helping eligible Veterans select the right credit union for themselves and their families.
• VBBP introduces banking options to eligible veterans who do not currently have bank accounts.
• VBBP does not require Veterans satisfied with their current financial situation to change how they receive their VA monetary benefits.

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